Have a longer timeframe. Ideally, gilt funds are great to book high returns in debt using a timed entry and exit – i.e., investments made early in a rate cut regime and exits done before interest rates are hiked. But this requires understanding of debt markets and rate cycles. In the absence of this understanding, holding a gilt fund for at least 5-7 years will give the benefit of no credit risk plus reasonable returns. … [Read more...] about Double-digit returns in gilt funds: Should you rush to invest in them?
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"The impact of COVID-19 and the unpredictable nature of the recovery has left Uber India SA with no choice but to reduce the size of its workforce. Around 600 full-time positions across driver and rider support, as well as other functions, are being impacted," said Pradeep Parameswaran, President, Uber India and South Asia. … [Read more...] about After Ola, Uber lays off 600 employees in India
For those classified as inter-state travellers who need to travel out of Punjab, such as a Member of Parliament, an MLA, journalists, doctors, salespersons, among others, would not need quarantine. After they sign an undertaking saying they will self-monitor their health, DCs and Sub-Divisional Magistrates can issue them passes. … [Read more...] about Coronavirus lockdown: Punjab amends guidelines for passengers arriving on domestic flights — 4 times in 24 hours